I have some troubles with the setup of Reducing balance for Fixed Assets.
Case:
Company : Fiscal year 1/10/2024 – 30/9/2024 (is also the setup in my GL)
Reducing balance 10%
Depreciation profile:
After 12months it’s depreciated for 8.000 € ( 10% of 80.000)
But if we acquire a fixed asset on 1/5 è the depreciation value changes with the fiscal year and if we take the sum of everything it’s = 7.805,58 (instead of the correct 8.000 €)
Thanks in advance for your feedback!